Prioritize your health today because if you don’t, you’ll be paying for it later. I’m sure you’ve heard it before, health is wealth.
Everyone always wants to know how to make money quickly – what’s the next best wealth hack or opportunity to make a quick thousand? They want one quick decision to lead to monumental change as it relates to their current wealth.
But that’s not exactly how wealth creation and building wealth works. It’s the combination of consistent smart financial and in some cases non-financial, decisions over the course of your life that will affect the most change.
And we often think about wealth creation from two different perspectives – earning income and/or investing in income producing assets.
Sure, earning more and investing wisely are obvious ways to build wealth. But there’s another avenue that’s often overlooked—one that can save you thousands over your lifetime: your health.
Why Your Health Impacts Your Financial Future
The projected lifetime cost of healthcare during retirement for a HEALTHY 65-year-old is $404,253 (1), and that doesn’t even include long-term care if needed. That’s a significant sum for the average American.
So here’s the question: if your health limits your ability to enjoy your wealth, what’s the point of all that money?
- Can you travel, pursue hobbies, or keep up with grandkids if your health is compromised?
Will a few extra hours at your desk today be worth decades of expensive medical bills and stress related illnesses later?
Prioritizing your health now is a preventative wealth strategy—and one that pays off in more ways than one.
For what is a lot of money in the future, when you can’t even enjoy it?
How Investing in Health Pays Dividends
Focusing on your wellness can save tens—or even hundreds—of thousands of dollars over a lifetime by avoiding costly health issues. More importantly, good health lets you actually enjoy your money and live the life you’re working to fund.
Think of it this way: your money is only as valuable as your ability to enjoy it. Prioritizing your physical and mental health is as much a wealth building strategy as contributing to a retirement account or investing in income producing assets.
A Fun Way to Get Rewarded for Staying Active
Here’s a way to make prioritizing your health even more rewarding. Paceline is an exercise rewards app that gives you real incentives for your workouts and physical activity!
- Download the Paceline App and use the FINPOWERED referral code
- Elevate your heart rate for 150 minutes per week
- Get rewarded from some of your favorite brands
If you’re already active, you’ll earn rewards for what you’re doing anyway. And if you’re just getting started, this is an easy, fun way to make health a priority while benefiting your wallet.
My Takeaway
While others chase the latest financial fad, I focus on long term wealth, balance, and well being. That means making smart money decisions and prioritizing health to protect my ability to enjoy it today and decades from now.
Remember: health is wealth. Invest in it, protect it, and get rewarded while you’re at it!
And if you’re ready to make intentional choices with your money, build a personalized financial plan, and invest with confidence, let’s chat.
Apply here to schedule a 1:1 Financial Planning Call with Me Today and start building the future you deserve, stress-free, intentional, and fully aligned with your goals.
(1) The real cost of health care in retirement
Disclosure: FinPowered Female has partnered with Paceline Fit on this blog post.
